The Federal Savings Bank in Tennessee vs the state
10.9%Denial rate-6.24 pts vs state
22.1%Decision denial rate+0.46 pts vs state
37.4%Origination rate-20.67 pts vs state
6.38%Median rate-0.25 pts vs state
0.28Rate spread (pts)+0.05 pts vs state
$86kMedian applicant income
199Loans originated
58Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 880 | 399 | 10.0% | 6.63% | #67 |
| 2024 | 610 | 238 | 7.9% | 6.50% | #91 |
| 2025 | 532 | 199 | 10.9% | 6.38% | #108 |
What The Federal Savings Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most The Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Montgomery County | 62 | 20 | 7 | 11.3% |
| Shelby County | 44 | 11 | 2 | 4.5% |
| Rutherford County | 33 | 6 | 5 | 15.2% |
| Davidson County | 28 | 7 | 5 | 17.9% |
| Sevier County | 24 | 16 | 3 | 12.5% |
| Knox County | 22 | 10 | 1 | 4.5% |
| Blount County | 21 | 10 | 1 | 4.8% |
| Hamilton County | 19 | 7 | 0 | 0.0% |
| Sumner County | 17 | 6 | 2 | 11.8% |
| Washington County | 15 | 5 | 1 | 6.7% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 532 applications in 2025, of which 199 were originated and 58 denied.
10.9% of all applications, or 22.1% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans The Federal Savings Bank originated in Tennessee in 2025 was 6.38%, against a statewide median of 6.62%.
About this data. Figures are The Federal Savings Bank's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology